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  • French reinsurer Scor has brought a new offering under its Atlas cat bond series to market, targeting EUR60mn of cover from Japanese earthquake and European windstorm risks, Trading Risk understands.
  • Regular cat bond sponsor USAA has raised an extra $100mn from its latest Residential Re offer to close at $300mn, in the first fourth-quarter bond to target US peak risk, Trading Risk understands.
  • Start-up Bermudian reinsurance fund Catco has signed up two executives from the Qatar Insurance Company to its board.
  • Just months before our group of convergence savants sat in a windowless room in the Fairmont Hotel in Monte Carlo, a group of hungry, competitive young men were speeding through the tunnel underneath our very feet at eye-watering speeds of up to 200 mph.
  • Several multi-billion pound longevity swaps are up for tender from pension funds and should be complete within the first half of 2011, advisory firm Hymans Robertson predicts in its quarterly assessment of the pension risk market.
  • The sector had its teeth gritted and eyes set on the horizon for the long haul as Trading Risk took the pulse of the convergence market at its annual New York event.
  • The sector had its teeth gritted and eyes set on the horizon for the long haul as Trading Risk took the pulse of the convergence market at its annual New York event.
  • Traditional market rates are heading downward as the key 1.1 renewal season approaches. Willis Capital Markets & Advisory managing director Bill Dubinsky explores the potential upside for the convergence market.
  • CME adds rainfall to weather offerings; Hope for OTC longevity swap trading
  • Bermudian specialty insurer Lancashire Holdings has sold a number of industry loss warranty (ILW) products, generating $5.4mn premium, in the aftermath of the Deepwater Horizon oil spill earlier this year.